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In reply to the discussion: The Pope says if you don't use your religious property for religious purposes than pay taxes [View all]Octafish
(55,745 posts)5. Pope Francis restructured the Vatican Bank. Which is more than anybody did for Wall Street.
Not that he could appoint anyone to go after Banksters, but I'd trust him to. Reason why from the great DUer malaise.
Can Pope Francis clean up Gods bank?
by Paul Vallely
The Guardian, 13 Aug. 2015
EXCERPT...
At 6.30 on the morning of 28 June 2013 just three months into the reign of Pope Francis officials of the Guardia di Finanza, the Italian law enforcement agency for financial crime, pulled up in front of a rectory in Palidoro, a quiet seaside town west of Rome. When they rang the bell, the cleric who came sleepily to the door was informed that he was under arrest. A few hours later, wearing a well-cut grey suit, Monsignor Nunzio Scarano was shown into a cell in the Regina Coeli, Romes most overcrowded prison.
Scarano, a suave, handsome priest known for his extravagant lifestyle (his nickname among other priests was Monsignor Cinquecento, My Lord Five Hundred, because of his habit of carrying only 500 banknotes), was head of accounting at the Amministrazione del Patrimonio della Sede Apostolica (APSA) the body that then managed the Vaticans property holdings and controlled its purchasing and personnel departments. His arrest made front-page news. He was accused of trying to smuggle 20m on a private plane across the border from Switzerland in a money-laundering conspiracy involving the Vatican bank, an agent of Italys secret services and an Italian broker under suspicion for running a Ponzi scheme.
Doubts about Scarano had first been aroused six months earlier, when he had reported a burglary at his apartment in the city of Salerno, south of Naples. Paintings from his art collection had been stolen, he claimed. When the police arrived at the 17-room apartment on Via Romualdo Guarna, in one of the citys wealthiest neighbourhoods, they were startled by its opulence. It was furnished with valuable antiques, and a spectacular display of art lined the walls in hallways divided by Romanesque columns. Scaranos collection included a painting attributed to Chagall. Police reports estimated the missing artworks were worth 6m.
But the Scarano scandal had much wider implications. Investigators suspected that he had been operating APSA as a parallel bank, through which Italian VIPs could avoid taxes and the mafia launder the profits of illegal activity. Scarano denied it all but, just a few days after his arrest, two of the Vatican banks three top officials suddenly quit their jobs.
CONTINUED...
http://www.theguardian.com/world/2015/aug/13/can-pope-francis-clean-up-gods-bank
Paying fair share of taxes on what had previously been skimmed by who knows what is great for democracy, as well as the Church.
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The Pope says if you don't use your religious property for religious purposes than pay taxes [View all]
kairos12
Sep 2015
OP
Pope Francis restructured the Vatican Bank. Which is more than anybody did for Wall Street.
Octafish
Sep 2015
#5
The Archdiocese of NY is the largest non governmental real estate holder in NYC, so when do they
Bluenorthwest
Sep 2015
#4
Here's an idea: Open the Vatican coffers and give away all the gold to refugees.
Arugula Latte
Sep 2015
#16